Underlying subaccounts are only available as investment options in variable insurance contracts issued by life insurance companies.
Underlying subaccounts are only available as investment options in variable insurance contracts issued by life insurance companies.
While the value of
underlying subaccounts of variable annuities fell through the floor like everything else in the market in 2008, the guaranteed income withdrawal rate (not to be confused with the rate of return of the investment portfolio) did not.
Not exact matches
Returns shown for the
subaccounts for periods before their inception are derived from the historical performance of the
underlying fund, adjusted to reflect the mortality, expense risk, and surrender charges applicable to this product and do not factor in the annual $ 30 contract maintenance fee.
The
underlying funds in a variable annuity are invested in
subaccounts, which are professionally managed investment options that invest in stock and / or bond markets.
JNAM is the investment adviser to the «Funds,» which are investment companies (
subaccounts) that
underlie the Jackson variable products.
Variable annuities» interest rates are based on their
underlying investment accounts, known as
subaccounts.
However, the cash value in a variable universal life plan will be tied to the performance of
underlying market «
subaccounts.»
Rather than growing at a set rate of interest, though, with variable universal life, the funds in the cash component are actually managed professionally (unlike variable life policies that are managed by the policyholder) in
underlying «
subaccounts» and can be in entities such as stocks, bonds, and mutual funds.
In this case, you select the
subaccounts — essentially mutual funds — that you want attached to your policy, and your account's annual return is pegged to the performance of these
underlying investments.